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and that bodes well for president obama. but if mitt romney can keep going with the strength that he did in the first debate, it will be a very tough election for president obama. >> chris, let's bring you in. boris reckons that romney smashed it then this time around. obama looks i guess a bit disengaged from the whole thing. did he let himself down last night, chris? >> well, first let me address one point, the comments boris made about the 47%. to be direct about it, governor romney called 47% of americans victims. now, that is not necessarily a winning strategy. going back in terms of the debate, i'll be the first one to admit that governor romney had a very good debate. he came out strong. he came out from the first answer out, he was out there being very bold and aggressive. i think the president had some good moments, in particular on the exchange on health care, but what he didn't did which i find inexplicable is what's been working the last 90 day. which is exposing the fact that when you scratch past the surface of
and that bodes well for president obama. but if mitt romney can keep going with the strength that he did in the first debate, it will be a very tough election for president obama. >> chris, let's bring you in. boris reckons that romney smashed it then this time around. obama looks i guess a bit disengaged from the whole thing. did he let himself down last night, chris? >> well, first let me address one point, the comments boris made about the 47%. to be direct about it, governor...
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obama supporters call it the obama market. analysts say it's because the federal reserve has put so much liquidity in. some people like myself think it has to do with good earnings. nonetheless, real fast, jim, this is a strong market. it's up 30% year on year. >> well, beyond qe, there are reasons stocks are going up. people can't get returns on bonds, cds, t-bills. they start to nibble away at the stocks. investors are very slowly coming back around to the stock market. frankly, they think corporate k ceos more trustworthy and maybe stocks are safer investments these days than bonds showing a negative rate of return. >> the headline story in the front page today, despite gains, "many sto -- manyflee stocks." jim, did they miss the boat? how do you read those things? >> in 1929 when the stock market crashed, my father distrusted the stock market from that point on. the market is manipulated, whether you think it's the fed, each month brings a new story. that's a lot of dry powder to truly a rally in the future. >> some people
obama supporters call it the obama market. analysts say it's because the federal reserve has put so much liquidity in. some people like myself think it has to do with good earnings. nonetheless, real fast, jim, this is a strong market. it's up 30% year on year. >> well, beyond qe, there are reasons stocks are going up. people can't get returns on bonds, cds, t-bills. they start to nibble away at the stocks. investors are very slowly coming back around to the stock market. frankly, they...
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on wednesday, president obama and republican candidate mitt romney meet in the first presidential debate. this one focusing on domestic policy. on thursday, we'll get the minutes of the last meeting of the federal reserve open market committee. this one's the meeting when the fed governors approved another round of quantitative easing. and on friday, the always anticipated monthly jobs report will be released. we will find out if there's any change to the 8.1% unemployment rate for america. >>> finally, are you ready to hand over the wheel at google headquarters this week, california governor jerry brown signed a law legalizing driverless cars. the search giant has been developing self-driving cars for several years. they use cameras and radar to detect other vehicles. and have reportedly logged more than 300,000 road miles without an incident. implementing this idea is right on schedule. >>> you know, it was just at the 1939 worlds fair when general motors predicted a highway system full of electric cars controlled by remote radio as part of the company's futurerama exhibit and predicte
on wednesday, president obama and republican candidate mitt romney meet in the first presidential debate. this one focusing on domestic policy. on thursday, we'll get the minutes of the last meeting of the federal reserve open market committee. this one's the meeting when the fed governors approved another round of quantitative easing. and on friday, the always anticipated monthly jobs report will be released. we will find out if there's any change to the 8.1% unemployment rate for america....
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not so good for barack obama. definitely good for mitt romney. a lot of folks concluding that romney had one of the stronger debate performances last night in presidential debating history, at least in recent memory. that's not good news for the president. you can tell how both these campaigns feel about their performance last night based on what they're doing today. we have not seen mitt romney out in front of television cameras so far today, but president obama hosted a rally in colorado today, giving him a chance to have almost a do over from last night's performance. take a listen. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fellow on stage last night said he didn't know anything about that. >> and bill, the battle continues now. in the battleground states, we're going to see both candidates in virginia. the presi
not so good for barack obama. definitely good for mitt romney. a lot of folks concluding that romney had one of the stronger debate performances last night in presidential debating history, at least in recent memory. that's not good news for the president. you can tell how both these campaigns feel about their performance last night based on what they're doing today. we have not seen mitt romney out in front of television cameras so far today, but president obama hosted a rally in colorado...
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president obama will press him on that. by the same token, p obama says he wants to cut the corporate rate from 35 to 28. he hasn't specified how he's going to pay for that. on jobs, you can expect to hear mitt romney talk about on net since january 2009 when barack obama took office, hardly any jobs created. barack obama will talk about a time line beginning in early 2010. since then, 4 million private sector jobs have been created. finally, medicare, the big issue threatening go bankrupt the budget long term. mitt romney is proposing a substantial change that would include vouchers. he hasn't said how much they'd grow over time. president obama has not said whether or not he's going to propose the same kind of changes like raising the eligibility age for medicare that he tried in those unsuccessful grand bargain talks with house speaker john boehner last year, maria. >> all right, jauohn. thank you so much. my next guest is making the argument that business leaders don't make the best president. what may be good for wall
president obama will press him on that. by the same token, p obama says he wants to cut the corporate rate from 35 to 28. he hasn't specified how he's going to pay for that. on jobs, you can expect to hear mitt romney talk about on net since january 2009 when barack obama took office, hardly any jobs created. barack obama will talk about a time line beginning in early 2010. since then, 4 million private sector jobs have been created. finally, medicare, the big issue threatening go bankrupt the...
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that's where barack obama wants to focus. he will accuse mitt romney of seeking $4 trillion, $5 trillion in additional tax cuts for the wealthy while raising taxes on the middle class. there will be a lot of talk about that because mitt romney disputes that he would be cutting taxes -- excuse me, raising taxes on the middle class. at the same time, he's challenged. obama's challenge is not to be too cocky. with good reason, he gets cocky sometimes. he's got to be careful that he doesn't is a moment like he had in the new hampshire debate in 2008 where he said hillary is likable enough. he has to avoid that kind of characteristic. mitt romney, on the other hand, what mitt has to do is prove that he's a human being, that he's a tin man who has found a heart, who cares about people other than his social class. and secondly, he has to put barack obama on the defensive. a big challenge there for him because the two are mutually contradictory. >> we're just looking at pictures there of mitt romney sans jacket, so trying to prove th
that's where barack obama wants to focus. he will accuse mitt romney of seeking $4 trillion, $5 trillion in additional tax cuts for the wealthy while raising taxes on the middle class. there will be a lot of talk about that because mitt romney disputes that he would be cutting taxes -- excuse me, raising taxes on the middle class. at the same time, he's challenged. obama's challenge is not to be too cocky. with good reason, he gets cocky sometimes. he's got to be careful that he doesn't is a...
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if obama stays in the payout ratios are better for the group. i think you will see this return to in favor once again. >> pop for chesapeake energy. >> dennis was talking about natural gas. chesapeake is benefitting from that. >> drop for mosaic. >> they missed on earnings by about 15 cents. they are saying that demand for product in china is weak right now and they can probably hold off on buying there until the end of the year. >> jim has the ceo of mosaic on mad money. a pop for fly boarding. latest craze in australia. a jet ski hybrid. flyers are connected to a hose which uses water pressure. make sure you bring your wallet. they cost around $12,000 a piece. >> i love it. >> it look as lot smaller when he is on that. >> they take five inches off. drop for starbucks down 1%. >> this is another one not a cheap stock. a lot of future growth expected to come overseas in europe and asia. this is one that under performs the broad markets. i think a lot of people want to see after nike's results. >> drop for jc penney. >> ceo sounds like he is push
if obama stays in the payout ratios are better for the group. i think you will see this return to in favor once again. >> pop for chesapeake energy. >> dennis was talking about natural gas. chesapeake is benefitting from that. >> drop for mosaic. >> they missed on earnings by about 15 cents. they are saying that demand for product in china is weak right now and they can probably hold off on buying there until the end of the year. >> jim has the ceo of mosaic on mad...
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did president obama just win next month's election? jack welch says hold your horses on that 7.8% number. he doesn't really believe it. an influential florida congressman agrees. we'll talk to that congressman live and ask him on what he bases his suspicions. >>> a place in the united states where gasoline has now become hard for drivers to find. you will find out why coming up on "power lunch." >>> meantime, let's go to sue at the new york stock exchange. sue? >> the markets have been up all day long. we're up about 60 points or so on the dow jones industrial average and the big reason of course is the number that we got this morning, falling unemployment. we are now below the 8% level for the first time in four years. the question is how did we get there? here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to thin
did president obama just win next month's election? jack welch says hold your horses on that 7.8% number. he doesn't really believe it. an influential florida congressman agrees. we'll talk to that congressman live and ask him on what he bases his suspicions. >>> a place in the united states where gasoline has now become hard for drivers to find. you will find out why coming up on "power lunch." >>> meantime, let's go to sue at the new york stock exchange. sue?...
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glad president obama followed through and i think the right thing to do but if anything, i think the criticism that has arisen in the a last few years, there probably were too few strings aand, especially after the bone bown us ins started flowing again this is not to pick on jpmorgan chase. i assure you, looking at a wide variety of firms. this conduct was particularly flagrant. there have been other action brought that laid some groundwork that we took advantage of so we weren't wasting taxpayer money by reinventing the wheel, the fhfa brought a major case and the fhfa inspector general is one of our partners in the working group as well as justice, the s.e.c., hud and others. so, we are co-will be a bore writing bring as many actions as we can as quickly as we can, this just happens to be the first. >> attorney general schneiderman, four years now since the depths of the financial crisis thursday is the first gates gait for the president out of the working group for securities fraud is this the pound of flesh, everyone pushing for accountability forth banks on wall street, we are
glad president obama followed through and i think the right thing to do but if anything, i think the criticism that has arisen in the a last few years, there probably were too few strings aand, especially after the bone bown us ins started flowing again this is not to pick on jpmorgan chase. i assure you, looking at a wide variety of firms. this conduct was particularly flagrant. there have been other action brought that laid some groundwork that we took advantage of so we weren't wasting...
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and the market may or may not be pricing in an obama re-election. that's all going to potentially change during the debates. it will either go higher or lower. i think at the end of the day, the election is a short term mover of the marketplace and we would look for that volatility to add positions that we have a lot of conviction in. >> we've got to leave it there. tom, leo, thank you very much for kicking off our show. >> thank you very much. >>> so, what are you, america, doing with your money. how are you changing your investments, your 401(k). right? a lot? a little? not at all? we make our tests hard here on street signs. you can go to streetsigns.cnbc.com. or tweet us your responses or send a very well trained pigeon. >> yes. >>> a market flash not delivered by pigeon but by word of mouth. >> good afternoon, guys. we're watching shares of service now, ticker now. looking at a downgrade from ubs. they took the stock from neutral to sell with a price target of $28. the firm is saying while they aren't questioning the strong fundamentals, they d
and the market may or may not be pricing in an obama re-election. that's all going to potentially change during the debates. it will either go higher or lower. i think at the end of the day, the election is a short term mover of the marketplace and we would look for that volatility to add positions that we have a lot of conviction in. >> we've got to leave it there. tom, leo, thank you very much for kicking off our show. >> thank you very much. >>> so, what are you,...
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president obama, there was though substance there. you always hear the expression sell the sizzle, not the steak. i always say if you don't have the steak, there's no sizzle. >> all right. from politics to the stock market. a stock you know very well. hewlett-packard. stock has been punished. meg whitman, the new ceo, is coming under fire. here's what she said. >> i'm confident 2013 will be the bottom of the turn around. then you can look forward, i think, to good growth in 2014 and 2015 as those products kick in, the i think vestments we're making in things like i.t., sales, organization, and training. those things will start to kick in. i really think 2014 will be quite a bright year for hp. >> what do you think of what she said? do you have any sympathy for her? >> first of all, of course. any ceo who's in a tough position, it's a very you have to job. there's no question, as i've said before, that meg whitman was dealt a very tough hand because of a lack of investment in product development and research and development by previous
president obama, there was though substance there. you always hear the expression sell the sizzle, not the steak. i always say if you don't have the steak, there's no sizzle. >> all right. from politics to the stock market. a stock you know very well. hewlett-packard. stock has been punished. meg whitman, the new ceo, is coming under fire. here's what she said. >> i'm confident 2013 will be the bottom of the turn around. then you can look forward, i think, to good growth in 2014 and...
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coal stocks, one of the big winners in today's trading after romney made this comment to president obama. >> by the way, i like coal. i'm going to make sure we can continue to burn clean coal. people in the coal industry feel like it's getting crushed by your policies. i want to get america and north america energy independent so we can create those jobs. >> if you're bullish on coal, you're going to like this. take a look at how we performed today in the sector. arch coal up almost 8%. alpha natural up almost 7%. utility stocks also higher. wells fargo saying this is a sector that could do well under a romney administration. we have con ed up about 1%. on the flip side, hospital stocks didn't do so well. a romney win doesn't bode as well for obamacare, and hence big hospital stocks fell. you can see here one of the biggest losers in the session. it was a good start for mitt romney, but it is still early. there are two more presidential and one vice presidential debate to go as the campaign heads into the final month before the election. maria, back to you. >> all right, court. thanks so
coal stocks, one of the big winners in today's trading after romney made this comment to president obama. >> by the way, i like coal. i'm going to make sure we can continue to burn clean coal. people in the coal industry feel like it's getting crushed by your policies. i want to get america and north america energy independent so we can create those jobs. >> if you're bullish on coal, you're going to like this. take a look at how we performed today in the sector. arch coal up almost...
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obama does. he consistently talks about that. he never mentions that apple is the largest company in the united states, larger than exxon. and i don't think there's anything wrong with apple either. i don't think there's anything wrong with any of the manufacturing or the oil and gas industry in the united states. i think they're trying to do the best job they can and doing a pretty damn good job. but i'm not one that believes they should be taxed more. >> boone, thank you. i know your cowboys and my hokies are both having rather disappointing seasons so we'll just leave it at that so have a great weekend. >> well wait a minute! we got a bad call. >> bad call! you have no replacement refs in college, boone. >> did you see what happened to us on the last -- >> i'm just saying you're not undefeated and the hokies stink. >> but you hate to have a bad call at home. >> especially at boone pickens field which i have still yet to be invited to, by the way. >> i feel a little bit responsible for that because i should have gone down there
obama does. he consistently talks about that. he never mentions that apple is the largest company in the united states, larger than exxon. and i don't think there's anything wrong with apple either. i don't think there's anything wrong with any of the manufacturing or the oil and gas industry in the united states. i think they're trying to do the best job they can and doing a pretty damn good job. but i'm not one that believes they should be taxed more. >> boone, thank you. i know your...
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one, he has to convince that president obama has not delivered. second, he has to convince the american people he can deliver. so he has to do it both things. there's still some heavy sledding for him on both fronts. in terms of the market, i think that over the next few weeks and months we're basically going to be driven not only by the political process but whether we get data that confirms the handoff from central bank action to fundamentals will happen. otherwise, this wedge that the central bank have created between valuations of fundamentals cannot be sustained forever. fundamentals have got to start coming up towards valuations, otherwise valuations will come down. >> mohammed, thank you so much for joining us today. >> thank you, michelle. >> all right. we've got about 51 minutes before the closing bell. the nasdaq is lower by nearly 14 points. >> don't go anywhere. there's still a lot more ahead on this busy friday edition of the "closing bell." >>> coming up, employment possibility. 58% of ceos say they plan to hire more workers within t
one, he has to convince that president obama has not delivered. second, he has to convince the american people he can deliver. so he has to do it both things. there's still some heavy sledding for him on both fronts. in terms of the market, i think that over the next few weeks and months we're basically going to be driven not only by the political process but whether we get data that confirms the handoff from central bank action to fundamentals will happen. otherwise, this wedge that the...
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by the same token, romney can go after obama because obama's talked about reducing the corporate rate to 28%, but he hasn't specified how he'd pay for it. and then you have the issue of jobs. romney talks about the job record on net from the beginning of president obama's term. and if you do that, it's just about even. maybe a few jobs in the positive territory. but barack obama talks about what's happened since early 2010 since the turnaround started. they'll clash on that. on medicare, the big entitlement spending issue that threatens the bunch the long term. mitt romney's proposed with paul ryan an ambitious reformation of the program that would go to voucher, but he hasn't said what the level of the voucher would be or the growth rate in the voucher. if you don't specify that, you can't specify what your savings will be or the impact on consumers. and finally president obama last year in the grand bargain talks with house speaker boehner talked about more ambitious proposals than medicare than he's advocated so far like raising the eligibility age from 65 to 67. hasn't said a word
by the same token, romney can go after obama because obama's talked about reducing the corporate rate to 28%, but he hasn't specified how he'd pay for it. and then you have the issue of jobs. romney talks about the job record on net from the beginning of president obama's term. and if you do that, it's just about even. maybe a few jobs in the positive territory. but barack obama talks about what's happened since early 2010 since the turnaround started. they'll clash on that. on medicare, the...
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that's a platform i could vote for, if only obama or romney would embrace it. lawrence in texas, lawrence? >> caller: jim, how are you doing? i have a question for you today regarding rpm. the earning report came out today. long or short in the stock? >> short that, you have to short that plentiful dividend. i never recommend that idea. you don't want to do that, boss. i was going to recommend this and then i felt that the upside was very, very limited. good numbers. i should have done it. i really did kick myself at this one. i thought if i recommended it, the stock would go up too much. ron in louisiana. ron? >> caller: jim. i've got to thank you. you're the best. i've been investing for 55 years and didn't make money until the last five. guess why? jim cramer. >> thank you. thank you. >> caller: thank you. jim, my question to you is will tim geithner's message to aig affect the long-term outlook? and if so, up or down? >> i would not worry about tim geithner when it comes to aig. just worry about mr. benmosche and what he's doing. carolyn in florida. carolyn
that's a platform i could vote for, if only obama or romney would embrace it. lawrence in texas, lawrence? >> caller: jim, how are you doing? i have a question for you today regarding rpm. the earning report came out today. long or short in the stock? >> short that, you have to short that plentiful dividend. i never recommend that idea. you don't want to do that, boss. i was going to recommend this and then i felt that the upside was very, very limited. good numbers. i should have...
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if obama wins, we're going to go over the fiscal cliff because the republicans and obama aren't going to agree, we'll go out there and roll back the bush tax cuts, we're going to do this, have sequestered stuff or whatever and so that's going to hurt. >> how would he triangulate if he wins and they lose some of the house, say the democrats keep the senate, how would he triangulate to work with the other side? you don't think he'd let them go for another year or two? >> eventually he's going to have to, but he's going to get pushed into it and things are going to happen that are going to scare the heck out of us before we get there. >> what if romney, how does he screw it up? >> if romney wins it will look like, the stock market is going to say this is great, go up for a little while and people are going to say wait a second, this is austerity. it's going to look like the uk, look like europe. >> because we're 25% of gdp, he's not going to let us stay there, right? >> exactly. >> you'd see many more cuts if he's in, is that good long-term? >> much better long-term. you could argue that
if obama wins, we're going to go over the fiscal cliff because the republicans and obama aren't going to agree, we'll go out there and roll back the bush tax cuts, we're going to do this, have sequestered stuff or whatever and so that's going to hurt. >> how would he triangulate if he wins and they lose some of the house, say the democrats keep the senate, how would he triangulate to work with the other side? you don't think he'd let them go for another year or two? >> eventually...
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the he cexposure to obama care small so it's well-positioned. i asked him about lulu lemon. he said, listen, focus on what i said at the beginning of the remarks, which is to say the rumors about stock picking goes to the ridiculous. he's amused by the idea that he's a verb, a stock can be einhorned if he comments on it. he said many times there's nothing there, scott. a lot of fact and fiction at times. >> yeah, kate. the mere fact that einhorn is speaking to you is news in and of itself. the man doesn't speak for the media all that often. he does these presentations, but he so often does not stop to speak to folks like you about his picks, right? >> that's right. he does appear to be battening down the hatches more so, scott, than what he normally does because of the rumor effect that drove him crazy. he make jokes about when he clears his throat the stock starts to move during the confidences. i did buttonhole him and of the four ideas he shared what was the most surprising? we talked about cigna, and then we talked about lulu briefly. i think people were expecting to per
the he cexposure to obama care small so it's well-positioned. i asked him about lulu lemon. he said, listen, focus on what i said at the beginning of the remarks, which is to say the rumors about stock picking goes to the ridiculous. he's amused by the idea that he's a verb, a stock can be einhorned if he comments on it. he said many times there's nothing there, scott. a lot of fact and fiction at times. >> yeah, kate. the mere fact that einhorn is speaking to you is news in and of...
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the first presidential debate between governor romney and president obama. it gets underway here on cnbc at 8:00 p.m. eastern time. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#:
the first presidential debate between governor romney and president obama. it gets underway here on cnbc at 8:00 p.m. eastern time. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm...
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bush, then barack obama. the fundamental decisions that businesses make particularly domestic businesses are driven really by what's going on with the consumer. and i think the only thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they would do that if they did get elected. nears no republican that ever has. i think ceos are focused on what the consumer is doing, what are their customers doing. and as jim cramer said a little earlier, i think between 23 and 27 minutes of the world's focus was on this last night. the people have moved on to more substantive topics now. >> so the bottom line is that it does not matter for a domestic business who gets elected? when it comes to the fundamental -- >> i think it does matter, but i think it matters because i
bush, then barack obama. the fundamental decisions that businesses make particularly domestic businesses are driven really by what's going on with the consumer. and i think the only thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they...
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swing states, they favor the obama. the debate starts wednesday at 8:00 p.m. eastern. >>> and if president obama is reelected, one of the first job may be to find a replacement for geithner. the wall street journal reports the white house chief of staff jack lew and former clinton chief of staff are two top candidates. both budget experts and could play a major role in the looming fiscal cliff. >>> nokia's into another big customer for its mapping software. the "wall street journal" says the company will unveil a deal with oracle today in san francisco. nokia also recently signed deals with groupon and amazon. nokia a got into the map business with it purchase and has been expanding the service. and back to the banks, shares in banco have been suspended. the bank has announced it will report record write downs of 9.3 billion euro this is year and have suspended its dividend this month. julia has more reaction to what they're saying. they'll launch the share increase by mid november. do you think they can avoid having to
swing states, they favor the obama. the debate starts wednesday at 8:00 p.m. eastern. >>> and if president obama is reelected, one of the first job may be to find a replacement for geithner. the wall street journal reports the white house chief of staff jack lew and former clinton chief of staff are two top candidates. both budget experts and could play a major role in the looming fiscal cliff. >>> nokia's into another big customer for its mapping software. the "wall...
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democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can keep it going or whether president obama comes out with a higher level of aggression, higher level of energy in the next debate and stop the momentum that romney accumulated last night. >> okay. yeah, i had so many different thoughts, john, as we watched the whole thing. i remember that a lot of republicans were supporting newt gingrich because just for this moment, they wanted -- they thought newt was such a great debater, they wanted to see someone like newt talk to president obama about his policies and about the last four years. and they thought newt would
democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can...
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my observation on the defense companies feeling the hate from the obama administration on the timing of potential job cuts. wait until you hear the details of what's happening now. >>> up next, what will move your money first thing tomorrow morning? three of wall street's top money pros here tell you what they're watching, on the other side of this break. stay with us. ♪ [ man ] when i'm in my zone... every move i make is a statement... ♪ ...that inspires me to make my mark. ♪ [ male announcer ] the all-new lexus es 350. ♪ >>> all right, welcome back, 30 seconds on the clock, our next guest telling us what they think will move the markets tomorrow morning. we get right to it right now. ubs, steven nicholas, and good to have you on the program, everybody. let's kick it off with you, what are you looking at tomorrow? 30 seconds on the clock. >> well, if you're watching emerging markets, look out for brazil industrial production tomorrow morning at 8:00 a.m. probably mark the 12th straight month of contracting ip, going back to last september. this probably is most importantly f
my observation on the defense companies feeling the hate from the obama administration on the timing of potential job cuts. wait until you hear the details of what's happening now. >>> up next, what will move your money first thing tomorrow morning? three of wall street's top money pros here tell you what they're watching, on the other side of this break. stay with us. ♪ [ man ] when i'm in my zone... every move i make is a statement... ♪ ...that inspires me to make my mark. ♪ [...
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so -- >> if president obama asked you to serve the country, what are you going to say? >> i'll be speechless at first. >> but then at some point he's going to give an answer, right? anyway, that's maria talking to larry fink. meanwhile bank of japan policymakers have been meeting. they had some unexpected company, as well. japan's new economics minister raised eye brows when he showed up, the first time the minister has attended the bank of japan decision in almost a decade. he says he respects their independence but wants to bring in a sense of urgency on economic matters. joining us in studio, managing direct information for asia at nomura. stewart, good to see you. can they urgently do anything about the strong yen or not? >> i think it's important to get context here, ross. i mean, if we go back to 1989 when the nikkei hit its high, we're 65% below that level. we've had the best half of 15 years of deflation. so one has to conclude the monetary easing and monetary policy hasn't been the most successful in japan. you contrast that with the u.s. where they only spent
so -- >> if president obama asked you to serve the country, what are you going to say? >> i'll be speechless at first. >> but then at some point he's going to give an answer, right? anyway, that's maria talking to larry fink. meanwhile bank of japan policymakers have been meeting. they had some unexpected company, as well. japan's new economics minister raised eye brows when he showed up, the first time the minister has attended the bank of japan decision in almost a decade....
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bernanke will stay on if barack obama is reelected. on the right-hand side we see potential romney cabinet selections, glenn hubbard, he's been an economic adviser to both romney's presidential campaigns, last time and again this time, and john taylor at stanford university is also somebody who is mentioned frequently. look at state department as well that's obviously one that is a moving part right now because this interesting tension in washington on the obama side if he's reelected between john kerry who might have done himself some good with his speech at the democratic national convention, and susan rice is somebody who is often mentioned. now, this recent flap over libya and what the united states said or did not say about the situation there might have damaged her prospects a little bit. we'll have to watch that one, on the romney side robert zoellick, former world bank president and richard haass, president of the council of foreign relations mention there had and treasury secretary we talked about some of the names for the oba
bernanke will stay on if barack obama is reelected. on the right-hand side we see potential romney cabinet selections, glenn hubbard, he's been an economic adviser to both romney's presidential campaigns, last time and again this time, and john taylor at stanford university is also somebody who is mentioned frequently. look at state department as well that's obviously one that is a moving part right now because this interesting tension in washington on the obama side if he's reelected between...
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they're hearing president obama does not have the answer. they hear from the other side that neither does mitt romney. they're scared. so many of our clients have actually been on the sidelines. this has been a relatively low volume rally. i think it still has legs. i think multiples are reasonable and there's still room to go. >> that's what we have pondered here lately, dick. is this sort of stealth rally, as i called it before -- here we sit near 5 1/2 rear hiyear high the market, even as we worry and wring our hands over those issues. why do you think that is? >> well, i think that investors have been through a difficult decade, especially equity investors in the united states have suffered some real turmoil in their returns, and they've been bombarded by these messages that generate fear. they're legitimate concerns. the world is a very uncertain place. so we're telling -- >> who's buying -- that's the question, who's doing the buying right now? >> i don't think i have a perfect answer for you on that. i can't identify all the buyers ou
they're hearing president obama does not have the answer. they hear from the other side that neither does mitt romney. they're scared. so many of our clients have actually been on the sidelines. this has been a relatively low volume rally. i think it still has legs. i think multiples are reasonable and there's still room to go. >> that's what we have pondered here lately, dick. is this sort of stealth rally, as i called it before -- here we sit near 5 1/2 rear hiyear high the market, even...
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he has a little bit, $50 billion from seniors and obama care to pay for some of obama care, but the rest of it will have to be covered by cost reduction, which he's fought every step of the way for taxes. >> i wonder, howard, can you -- is it possible to win the argument where you say, all right, i'm rich, i got, you know, i've got an elevator for my cars. i know how to fix this and make it good for the middle class and look like -- maybe you're not as attached to the empathy, or is it better to be the president and say i really care, i just don't know how to do anything. >> neither one of them is good. look, the reason the numbers have gotten so much better for obama in terms of who is the best deal for the economy, whoever thought that would be even at this point. is simply because people think the president cares about them and they don't think that about mitt romney. >> incompetent doesn't help. >> we really have gained 4 million jobs, i grant you from the down -- >> no business experience in his administration, doesn't seem to be private-sector oriented, more interested in governmen
he has a little bit, $50 billion from seniors and obama care to pay for some of obama care, but the rest of it will have to be covered by cost reduction, which he's fought every step of the way for taxes. >> i wonder, howard, can you -- is it possible to win the argument where you say, all right, i'm rich, i got, you know, i've got an elevator for my cars. i know how to fix this and make it good for the middle class and look like -- maybe you're not as attached to the empathy, or is it...
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dodd-frank same thing, obama care similar. there's this cadre of people writing the laws of our country without input from at least half the country. >> what's the most important thing you think needs to be tackled head on. you think the fiscal cliff is the first issue? >> there are a multiple of issues that have to be acted on and obviously the fiscal cliff is a very important one. the trouble is the fiscal cliff is probably too easy to solve and kick down the road, and so therefore i doubt we would be in the fiscal cliff. i'm not sure, to be honest with you, that a fiscal cliff falling off the edge is not exactly what america needs. >> is this a wake-up call do you think at this point? it's a pretty severe wake-up call to get. >> you're describing a wake-up call to rip van winkle. how many years have we been kicking the khan down the road. that's a wake-up call for rip van winkle, somebody who has been sleeping for a multitude of years. >> you're suggesting play with fire a little bit? >> i'm suggesting that i'm interested i
dodd-frank same thing, obama care similar. there's this cadre of people writing the laws of our country without input from at least half the country. >> what's the most important thing you think needs to be tackled head on. you think the fiscal cliff is the first issue? >> there are a multiple of issues that have to be acted on and obviously the fiscal cliff is a very important one. the trouble is the fiscal cliff is probably too easy to solve and kick down the road, and so...
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>> look, we have to remember that zuckerberg also wore a suit when he met with president obama so he's willing to put on a suit if the occasion merits it. and i think it shows that he's really trying to expand facebook overseas and facebook does have a huge number of international users but the monetization to go back to that word -- facebook isn't making as much money overseas as it is here in the u.s. as a user. that has to ramp you were and i think he is in russia to try to get that started. >> let's look at where facebook's stock stands right now if we can put that up to see how it has performed today as we roll out the chunks from your -- it is up 1.5% on the day as you see there at $21.98. sue? >>> if you're looking for yield in this low interest rate environment -- who isn't -- check out big pharma. which companies may be preparing to boost their dividends coming up. >>> as we head out, here's how the five biggest dividends in the dow jones industrial 30. our favorite, intel, up 1.68%. when you take a closer look... ...at the best schools in the world... ...you see they all have
>> look, we have to remember that zuckerberg also wore a suit when he met with president obama so he's willing to put on a suit if the occasion merits it. and i think it shows that he's really trying to expand facebook overseas and facebook does have a huge number of international users but the monetization to go back to that word -- facebook isn't making as much money overseas as it is here in the u.s. as a user. that has to ramp you were and i think he is in russia to try to get that...
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for the sake of a bit of background for the viewers, obviously, it working group created by president obama to try go after wrong doing that led to the financial crisis, you are saying it could be the first of many, say this will set a litmus test or precedent for further cases? >> i would assume enforcement actions along the line. >> frustrating thing about the crisis and the aftermath, the cleanup phase is obvious, things don't get fixed, don't get address ready. in 2006, looking at the databases that contained the loans and securitizations, it was nuts what we were seeing, very high debt-to-income ratios, steep payment resets. these loans were made to default, either investors looked the other way, play is been some of that or not enough due diligence or misrepresentation what was in the trusts, doesn't surprise me these actions are being brought. does surprise any is so long after after. >> i don't think it will hinder jpmorgan chase's abilities to make loans. i'm not sure i would draw this connection. it underscores a broader point we want the institution and lending and enforcement ef
for the sake of a bit of background for the viewers, obviously, it working group created by president obama to try go after wrong doing that led to the financial crisis, you are saying it could be the first of many, say this will set a litmus test or precedent for further cases? >> i would assume enforcement actions along the line. >> frustrating thing about the crisis and the aftermath, the cleanup phase is obvious, things don't get fixed, don't get address ready. in 2006, looking...
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didn't have to argue this would be an obama rally. >> i would think so. same people who were trying to push the victory leading to the prices yesterday how do they figure the unemployment numbers here. so what we're really seeing and i wrote about it in my comments this morning, is we're still going by europe is driving the bus. and yesterday was moving up. could you see some romney influences? the coal companies that he mentioned and some of the health care people and you can see some of the obama influences. but that's kind of the backdrop. the reason why the numbers look disproportional says a blot our mrk markets being illiquid. >> what does it mean about merkel going to greece. is that pivotal? >> i'm not sure unless there's a surprise. poor greece is out there festering. everybody is concentrating on spain. greece has not been solved. would be good to solve it. but that doesn't change anything about spain which is a much bigger factor and spain brings in the challenge of italy behind it. so that the game has moved up field a little bit here. so, you
didn't have to argue this would be an obama rally. >> i would think so. same people who were trying to push the victory leading to the prices yesterday how do they figure the unemployment numbers here. so what we're really seeing and i wrote about it in my comments this morning, is we're still going by europe is driving the bus. and yesterday was moving up. could you see some romney influences? the coal companies that he mentioned and some of the health care people and you can see some of...
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mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> as we hit new record mortgage rates, i just sat down with the ce
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm...
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. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on the senate outcome. but wiser minds will see the wisdom of helping the fed in its efforts to stimulate asset prices by not onerously raising taxes on the most important asset class other than homes. >> have you actually calculated a number? you said it would give back some of the rally. but is there a number or a percentage? >> 12-month price target is 1,500. we've written in our research that 1,600 would be a reasonable 2013 end. i need to see an acceleration in global growth. >> contingent on both, not just the tax issue? >> both. somewhere between 1,500 and 1,600. >> david, thank you for being with us. >>
. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on...
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obama at a fundraiser tonight in california. two days later, clinton campaigns for the president in another battleground, nevada. >> mitt is up to the task. he's prepared. >> romney's wife ann goes in front of cameras wednesday morning when she's a special co-host on abc's "good morning, america." but the highlight of the week is this week's vice presidential debate. both are preparing for their own showdown which takes place thursday in danville, kentucky. >> i'm looking forward to it, i really am. the thing about congressman ryan is he's been straightfwoorward to now about all the significant changes he wants to make. we have a fundamentally different view on a whole range of issues. >> i'm studying, i'm reading joe biden's speeches, watching joe biden tape and just studying on all the various issues. >> and thanks to romney's strong performance at last week's debate, there is even more on the line at the vp showdown. fred? >> thanks so much, paul. big week ahead. the much anticipated vice presidential debate between joe biden
obama at a fundraiser tonight in california. two days later, clinton campaigns for the president in another battleground, nevada. >> mitt is up to the task. he's prepared. >> romney's wife ann goes in front of cameras wednesday morning when she's a special co-host on abc's "good morning, america." but the highlight of the week is this week's vice presidential debate. both are preparing for their own showdown which takes place thursday in danville, kentucky. >> i'm...
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last week president obama and mitt romney squared off in the first presidential debate. well, they'll do number two on the 16th of this month. the number two, yes, the vice-presidential debate is this week on thursday and our athena jones takes a look at what to expect. >> reporter: then governor sarah palin wanking during the 2000 debate with presidential nominee joe biden. not just once but half a dozen times and senator dan quayle in 1978. >> i knew jab jack kennedy. jack kennedy was a friend of mine. senator, you're no jack kennedy. >> reporter: memorable moments but hardly game-changers. vice-presidential debates like this week's upcoming matchup between vice president biden and his gop challenger paul ryan are a different animal. >> you need to be able to see that each vice-presidential candidate has hit the standard of readiness, that they'll be ready in the event of a national crisis to step into the oval office and take the reins of presidency. beyond that, unless there's a star-killing or star-catching moment, it rarely changes the course of the debate. >> repo
last week president obama and mitt romney squared off in the first presidential debate. well, they'll do number two on the 16th of this month. the number two, yes, the vice-presidential debate is this week on thursday and our athena jones takes a look at what to expect. >> reporter: then governor sarah palin wanking during the 2000 debate with presidential nominee joe biden. not just once but half a dozen times and senator dan quayle in 1978. >> i knew jab jack kennedy. jack kennedy...
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you don't want to miss the warm up to the next obama/romney faceoff. it's a much anticipated vice presidential debate. joe biden, paul ryan going at it thursday october 11th. our coverage begins 7:00 p.m. eastern time. have you ever taken a personality test to get a job? a woman who took one claims it actually cost her the job. and now she's suing. our legal guys full of personality all the time will be weighing in on this case. ♪ ♪ [ male announcer ] its lightweight construction makes it nimble... ♪ its road gripping performance makes it a cadillac. introducing the all-new cadillac xts. available with advanced haldex all-wheel drive. [ engine revving ] it's bringing the future forward. it's bringing the future you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all o
you don't want to miss the warm up to the next obama/romney faceoff. it's a much anticipated vice presidential debate. joe biden, paul ryan going at it thursday october 11th. our coverage begins 7:00 p.m. eastern time. have you ever taken a personality test to get a job? a woman who took one claims it actually cost her the job. and now she's suing. our legal guys full of personality all the time will be weighing in on this case. ♪ ♪ [ male announcer ] its lightweight construction makes it...
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. >>> president barack obama is in los angeles at this hour. he's there raising cash at a fund-raiser. you may recall he just set a record of $181 million in september. white house correspondent dan lothian is traveling with the president. dan, at this point he's on record to raise almost a billion dollars now, and that's not including those outside super-pacs. how much is he expecting to raise tonight? >> reporter: well, millions of dollars, and we'll try to break that down later on in the evening, exactly how much they're expected to raise. they really believe this is important money that they need for a couple of reasons. first of all, the race is very tight. when you look at the national numbers, the race is very close. then you break it down to those key battleground states in ohio, in florida, in colorado and virginia. very close there as well. so they need it this money to really beef up their ground operation going into election day and also saturate the air wae waves with the telephone ads. they're bringing in millions of dollars. a lo
. >>> president barack obama is in los angeles at this hour. he's there raising cash at a fund-raiser. you may recall he just set a record of $181 million in september. white house correspondent dan lothian is traveling with the president. dan, at this point he's on record to raise almost a billion dollars now, and that's not including those outside super-pacs. how much is he expecting to raise tonight? >> reporter: well, millions of dollars, and we'll try to break that down...
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when you went head-to-head with obama in 2008, the polls said 51% obama, 38% mccain. do you think you would have done better against the obama that was debating this week? >> i think so, piers, but you know, it would sound like i am now trying to rewrite history or i would have done better. you know, i never tried to do any of that looking back and certainly not in anger or bitterness. but i think it is true that during the 2008 campaign, the president or then senator obama had no record to defend, and one of the reasons why mitt did so well in this debate was because mitt was -- i think very legitimately, attacking his record, whether it be the $90 billion in subsidies for energy or a number of the other things that he pointed -- the failure of dodd-frank, and so the president had a record to defend this time, but one, do not underestimate the president of the united states. he will come back strong. i think mitt has to be prepared for that. and also, as you mentioned, these job numbers will give him a bit or something of a bot today. >> we've got the vp debate comin
when you went head-to-head with obama in 2008, the polls said 51% obama, 38% mccain. do you think you would have done better against the obama that was debating this week? >> i think so, piers, but you know, it would sound like i am now trying to rewrite history or i would have done better. you know, i never tried to do any of that looking back and certainly not in anger or bitterness. but i think it is true that during the 2008 campaign, the president or then senator obama had no record...
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the new poll shows barack obama beating romney by 10 points. >> obama had a pretty good week in the polls in ohio and florida but the real winner this week, the nfl football fans. >> the temps are out. the old referees are back in. and if the referees won, i think nfl fans won. >> now they can stop complaining about the replacement refs and start complaining about the regular refs. >> nfl referees, they had the best week and they're good unlike those replacement refs,
the new poll shows barack obama beating romney by 10 points. >> obama had a pretty good week in the polls in ohio and florida but the real winner this week, the nfl football fans. >> the temps are out. the old referees are back in. and if the referees won, i think nfl fans won. >> now they can stop complaining about the replacement refs and start complaining about the regular refs. >> nfl referees, they had the best week and they're good unlike those replacement refs,
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president obama. >> i for one will not stand by and let him be bullied out of office. >> i will ask them both where this campaign is headed. plus my all-star political experts on what the candidates should do next. >> we are going to take back the white house. >> we don't want what he's been selling for the last year. >> this is "piers morgan tonight." >>> good evening. our big story tonight, 33 days to go until the election and in the wake of the first big presidential debate, the candidates are out on the campaign trail sounding like they're pretty well ready for round two already. listen to mitt romney in his surprise visit to the conservative political action conference. >> last night i thought was a great opportunity for the american people to see two very different visions for the country, and i think it was helpful to be able to describe those visions. i saw the president's vision as trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes
president obama. >> i for one will not stand by and let him be bullied out of office. >> i will ask them both where this campaign is headed. plus my all-star political experts on what the candidates should do next. >> we are going to take back the white house. >> we don't want what he's been selling for the last year. >> this is "piers morgan tonight." >>> good evening. our big story tonight, 33 days to go until the election and in the wake of...
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obama at a fund-raiser tonight in california. two days later clinton battles for the president in another battleground state, nevada. romney's wife ann goes in front of cameras wednesday morning when she's a special co-host on ac's "good morning america." but the high light of the week is the vice-presidential debate. >> i can't wait to debate. >> i love a debate. >> it will take place in danville, kentucky. >> i'm look forward to it, i really am. the thing about congressman ryan, he's been straightforward up to now about everything he is -- all the significant changes he wants to make. we have a fundamentally different view on a whole bunch of issues i i'm studied. reading joe biden speeches, watching joe biden tape. >> and thanks to romney's strong performance at last world series eek debate, there's even more on the line at the v.p. showdown. >> paul, thank you for that. >>> if you hear people talking about the big debate that went down saturday night, they're talking about fox news host bill o'reilly and "the daily show" host
obama at a fund-raiser tonight in california. two days later clinton battles for the president in another battleground state, nevada. romney's wife ann goes in front of cameras wednesday morning when she's a special co-host on ac's "good morning america." but the high light of the week is the vice-presidential debate. >> i can't wait to debate. >> i love a debate. >> it will take place in danville, kentucky. >> i'm look forward to it, i really am. the thing...
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four years ago, she chose obama. but right now she is still undecided. >> at the time, i thought that he was the man for the job. and i would have to say after four years, i'm somewhat disappointed in the state of the economy. i need to know that there's going to be some relief there. >> reporter: kathleen, wy and many other voters say they're looking to the debates for some answers. >> small business is the backbone of this country. we weren't bailed out. and so it's really understanding what's going to happen these next four years that's really important to me. >> reporter: voters here want specifics. they want to know how each candidate will help strengthen the middle class. the answers they get tomorrow night could sway the vote of green mountain. vote of jefferson county, the vote of colorado, and ultimately, the outcome of this election. >> and in that shot, be one cool caddy driving down the road. you said all these voters saying they want specifics. we want them too. did they tell you what specifics are going
four years ago, she chose obama. but right now she is still undecided. >> at the time, i thought that he was the man for the job. and i would have to say after four years, i'm somewhat disappointed in the state of the economy. i need to know that there's going to be some relief there. >> reporter: kathleen, wy and many other voters say they're looking to the debates for some answers. >> small business is the backbone of this country. we weren't bailed out. and so it's really...
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president obama's plan halting deportations of many young people. also, the way he's been criticized from the left as well as the right for an overall lack of reform. mitt romney pushes this high-tech fence, and you can see how he's been criticized for lack of specifics on his reform plan. you can also learn where that border fence stands. now, even if you think you already know who you will vote for, which a lot of voters across the country do, it's still good and important to know where they stand on the issues most important to you and to hold you to promises. that's where their websites kick in. you don't have to write it down. both president obama and mitt romney have entire policy positions on immigration they laid out online. what this does for us in my industry is gives us a play to follow their promises that whoever becomes a president can be held to the promises. the cnn political ticker has breaking political news all the time, in and out, every day. we have an entire section there that's all about immigration. so when you hear a new ashe
president obama's plan halting deportations of many young people. also, the way he's been criticized from the left as well as the right for an overall lack of reform. mitt romney pushes this high-tech fence, and you can see how he's been criticized for lack of specifics on his reform plan. you can also learn where that border fence stands. now, even if you think you already know who you will vote for, which a lot of voters across the country do, it's still good and important to know where they...
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we'll hear from michelle obama. doesn't see eye to eye with ann romney about the rigors of campaigning, details on that ahead. ♪ ♪ ♪ ♪ [ male announcer ] at&t. the nation's largest 4g network. now covering 3000 more 4g cities and towns than verizon. at&t. rethink possible. >>> the debate hall at the university of denver. debate night in america, anticipation building at the site of tonight's face-off. building also by the way here at the cnn election center. we'll hear shortly from the first lady of the united states, michelle obama. stand by for that. we're also not that far away from tonight's debate. take a look at the clock. you see what's going on. when president obama and governor romney appear on stage together, at the university of denver, jim lehrer of pbs will be the moderator for what could be potentially the most indepth and lively debates in memory. we'll zero in on domestic policy with a new format that allows for more interaction between the two candidates and more time to discuss a single top
we'll hear from michelle obama. doesn't see eye to eye with ann romney about the rigors of campaigning, details on that ahead. ♪ ♪ ♪ ♪ [ male announcer ] at&t. the nation's largest 4g network. now covering 3000 more 4g cities and towns than verizon. at&t. rethink possible. >>> the debate hall at the university of denver. debate night in america, anticipation building at the site of tonight's face-off. building also by the way here at the cnn election center. we'll hear...
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on the nonverbals, barack obama sent all the wrong messages. he looked petulant, he looked frustrated, he looked angry, he looked disinterested at times, and while he may have said some good things, it did not come across that way as a confident president who was proud of his record and had a vision for the country. just the opposite of romney, who seemed to be articulating both those things. >> i have never had acting classes, senator. i've had journalism classes. >> excuse me. i'm sorry. well, you're sort of a celebrity so i thought maybe there might be -- >> i do think you hit the nail on the head about the importance, i think, in the modern era in particular for any politician, performance is key. i don't care who you are. and what was odd about barack obama was that four years ago, he looked like this rock star whenever he appeared in public, onstage, on the stump, whatever. last night he looked like the guy, just wanted to quit the band. just sort of artistic differences had set in. there was a sort of odd body language, deflation which i
on the nonverbals, barack obama sent all the wrong messages. he looked petulant, he looked frustrated, he looked angry, he looked disinterested at times, and while he may have said some good things, it did not come across that way as a confident president who was proud of his record and had a vision for the country. just the opposite of romney, who seemed to be articulating both those things. >> i have never had acting classes, senator. i've had journalism classes. >> excuse me. i'm...